People walk past an office of SoftBank Group in Tokyo. Agence France-Presse
Japan’s SoftBank Group Corporation is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetise its almost $100 billion Vision Fund through an IPO. SoftBank is considering taking the Saudi-backed investment fund public,
Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corporation, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.
Japan’s SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten Inc.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday visited the 25th edition of the Gulfood, which is hosted by the Dubai World Trade Center between February 16 and 20.
The attractive offers by the real estate market in Dubai continued last year to benefited investors, end users and tenants alike. This led to the continuation of momentum on these vital areas with competitive prices,
DP World’s parent company Port and Free Zone World has offered to acquire the 19.55 per cent of DP World’s shares traded on Nasdaq Dubai, returning the company to private ownership.
The Jebel Ali Free Zone (Jafza) - key trade facilitator of DP World, UAE Region - is showcasing its incentives for companies as well as its sustained role as the leading contributor to Dubai’s F&B trade, at Gulfood 2020, which opened on February 16, marking its 25th anniversary.